Kenya: Banks Cut Lending Rates After CBK Eases Policy
Major commercial banks in Kenya have reduced their lending rates in response to the Central Bank's decision to lower the Central Bank Rate from 9.00% to 8.75%.
Kenya: CBK Lowers Rate to 8.75% to Boost Private Sector Lending
The Central Bank of Kenya has reduced its benchmark lending rate to stimulate credit to the private sector and support economic growth.